Alza
FintechUSAClosed 2025
Total Raised
$6.6M
Peak Valuation
Undisclosed
Employees
—
Year Collapsed
2025
Business model
FDIC-insured banking app built specifically for Latino immigrants in the US, offering checking accounts, debit cards, and cross-border remittance to over 20 Latin American countries.
In brief
Founded by a former Stripe executive who immigrated from Mexico as a child, aiming to build fair financial services for a community he'd personally seen targeted by predatory lending products. Despite backing from respected investors including Thrive Capital, the niche neobank mo…
See the What Happened tab for the full account.
Key facts
- Founded
- 2021
- Closed
- 2025
- Headquarters
- New York, USA
- Industry
- Fintech
- Employees
- —
- Revenue
- Undisclosed
- Founders
- Arturo Villanueva
Related failures
Tally
2015–2024Fintech · USA
Ran out of funding$172MSynapse Financial Technologies
2014–2024Fintech · USA
Ran out of funding$50MCushion
2016–2024Fintech · USA
Ran out of funding$21.6MDaylight
2020–2023Fintech · USA
Ran out of funding$20MPowa Technologies
2007–2016Fintech · UK
Ran out of funding$180MVolt Bank
2017–2022Fintech · Australia
Ran out of funding$154M
Often compared with: Chime, Greenlight.